Dexterra Group (TSE:DXT) Share Price Passes Above Two Hundred Day Moving Average – Time to Sell?

Shares of Dexterra Group Inc. (TSE:DXT) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$13.25 and traded as high as C$14.20. Dexterra Group shares last traded at C$13.79, with a volume of 63,869 shares.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on DXT shares. National Bank Financial lifted their price target on shares of Dexterra Group from C$16.50 to C$20.50 and gave the stock an “outperform” rating in a research note on Tuesday, July 21st. Canaccord Genuity Group raised their price objective on shares of Dexterra Group from C$18.00 to C$21.00 and gave the stock a “buy” rating in a report on Friday, July 24th. ATB Cormark Capital Markets lifted their target price on shares of Dexterra Group from C$14.25 to C$19.50 and gave the company an “outperform” rating in a research report on Wednesday, June 24th. Finally, Scotia upped their target price on shares of Dexterra Group from C$14.00 to C$14.50 and gave the company a “sector perform” rating in a research note on Wednesday, August 5th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of C$18.88.

Dexterra Group Price Performance

The company has a 50-day moving average of C$14.45 and a 200 day moving average of C$13.26. The company has a debt-to-equity ratio of 76.31, a quick ratio of 1.28 and a current ratio of 1.32. The firm has a market cap of C$875.91 million, a P/E ratio of 20.32, a P/E/G ratio of 0.90 and a beta of 0.26.

Dexterra Group (TSE:DXT) last issued its quarterly earnings data on Tuesday, August 4th. The company reported C$0.20 earnings per share (EPS) for the quarter. Dexterra Group had a return on equity of 15.18% and a net margin of 4.01%.The company had revenue of C$269.21 million during the quarter. On average, sell-side analysts anticipate that Dexterra Group Inc. will post 0.7094298 EPS for the current year.

Dexterra Group Company Profile

Dexterra employs more than 9,000 people, delivering a range of support services for the creation, management, and operation of infrastructure across Canada and the U.S. Powered by people, Dexterra brings best-in-class regional expertise to every challenge and delivers innovative solutions, giving clients confidence in their day-to-day operations. Activities include a comprehensive range of integrated facilities management services, industry-leading workforce accommodation solutions, and other support services for diverse clients in the public and private sectors.